(HedgeCo.Net) Massive Outflows from BlackRock’s IBIT Signal a New Phase in the Bitcoin ETF Trade. The institutional Bitcoin trade has entered a more volatile and psychologically important phase. BlackRock’s iShares Bitcoin Trust, better known by its ticker IBIT, recorded $527.84 million in net outflows on Wednesday, marking its second-largest single-day withdrawal since the fund’s 2024 launch. Across the broader U.S. spot Bitcoin ETF complex, more than $733 million exited in a single day, turnin...
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